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john boehner shot back saying that reid needs to talk less and legislate more. but really this comes down to working out, cobbling together something that can get support. president obama wants that tax cut threshold to be at $250,000. well, mitch mcconnell poured some cold water on that yesterday. so they need to come to some sort of agreement on where the threshold would be. we don't know what it would be yet in the senate. >> 250,000 for the democratic side and republicans couldn't even agree on a million. that's a $750,000 gap they have to close. let's hope they do that. thank you. >>> commanders in chief past and present paying tribute to retired general norman schwarzkopf this morning. the commander of coalition forces during the gulf war died yesterday at 78. schwarzkopf was the face of military briefings during the first cable news war. former president george h.w. bush who is hospitalized, said the general was a true american patriot, one of the great military leaders of this generation. >>> new york city police are looking for a woman who pushed a man
john boehner shot back saying that reid needs to talk less and legislate more. but really this comes down to working out, cobbling together something that can get support. president obama wants that tax cut threshold to be at $250,000. well, mitch mcconnell poured some cold water on that yesterday. so they need to come to some sort of agreement on where the threshold would be. we don't know what it would be yet in the senate. >> 250,000 for the democratic side and republicans couldn't...
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Dec 24, 2012
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reid. followed by "question time" with british prime minister. >> this week on "q&a," a 90- minute discussion with paul reid, co-author of "the last lion: winston spencer churchill, defender of the realm, 1940- 1965." >> paul reid, co-author of "the last lion," the third of a trilogy. if you could have dinner with winston churchill and ask him a serious question, what would it be? >> well, he did not like strangers. he did not like the press. i would ask him about his religious beliefs, or lack thereof. i found that fascinating. he was a victorian man. he made himself into a classical man. he lived his life in accordance with a precursor to the christian ethic that you find in plato and greek philosophers. this godless ethic. i found that fascinating. i would enjoy talking with him about that. and then -- let's see. the second front. i would like to have a final word, because we americans have set him up with -- at one point, almost cowardly in his aversion to the second front. >> what does
reid. followed by "question time" with british prime minister. >> this week on "q&a," a 90- minute discussion with paul reid, co-author of "the last lion: winston spencer churchill, defender of the realm, 1940- 1965." >> paul reid, co-author of "the last lion," the third of a trilogy. if you could have dinner with winston churchill and ask him a serious question, what would it be? >> well, he did not like strangers. he did not like...
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Dec 24, 2012
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he would call my little boy patrick reid who helped me did the book, he is 20 now. and bill would call pat and they would talk about history and bill would call me back and say that little boy is pretty smart. things he didn't have to do. i noticed that. host: william manchester died at age 82 in 2004. winston churchill died age 90 in 1965. how old are you? guest: come on! 63. host: that was in "new york times" peeiece. guest: ok. host: they had you 62. guest: maybe he talked to me before my birthday. he should have asked with day were you born. i'm 63 now. host: the thing i want to ask you rb you, interesting to me, "new york times" article came out november 4 by james miller. how much impact has that had on your book tramples -- travels. do you finds everybody has read that? guest: i heard from friends and relatives and folks i had not heard from in years. but no, people might say nice article in the "new york times" and i would say yes, i appreciate it and pretty well told. host: talk about the money side. that you had an advance of $200,000 and that you, over a
he would call my little boy patrick reid who helped me did the book, he is 20 now. and bill would call pat and they would talk about history and bill would call me back and say that little boy is pretty smart. things he didn't have to do. i noticed that. host: william manchester died at age 82 in 2004. winston churchill died age 90 in 1965. how old are you? guest: come on! 63. host: that was in "new york times" peeiece. guest: ok. host: they had you 62. guest: maybe he talked to me...
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i think if harry reid does it, fine. let him do it. we need to think of what the country needs more than what each party does and concerned about the election on january 3rd? if nothing happens, he may have to worry about the election, john boehner. what i would advise him to do, he doesn't seek my advice, let me give you some advice. be what you want to be. do what you have to do. and democrats will support you if you do that. >> do you think at this point there's even enough time to get a deal done? realist achally. >> absolutely. there is time. now, i know we went out of session today and won't be in session technically until monday. that can change over the weekend. through emergency. so what happens to saturday and sunday? i mean, we all rather be with our families and friends but the fact is america needs this done right now. you know what's disappointed me most of all, craig? talking heads, many of them on television and some members of my own party saying, well, it won't be as bad. we'll take it up in the new congress. i think
i think if harry reid does it, fine. let him do it. we need to think of what the country needs more than what each party does and concerned about the election on january 3rd? if nothing happens, he may have to worry about the election, john boehner. what i would advise him to do, he doesn't seek my advice, let me give you some advice. be what you want to be. do what you have to do. and democrats will support you if you do that. >> do you think at this point there's even enough time to get...
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harry reiry reid says the u.s. probably going over the fiscal cliff. >> would it be betser for america if we did go over the fiscal cliff? coming up? >> announcer: if congress fails to come to an agreement on the fiscal cliff, the u.s. unemployment rate will top over 9% in 2013. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ >>> coming up, we'll see how correct or in correct our predictions were for this year. we'll check in on commodities. we've also got
harry reiry reid says the u.s. probably going over the fiscal cliff. >> would it be betser for america if we did go over the fiscal cliff? coming up? >> announcer: if congress fails to come to an agreement on the fiscal cliff, the u.s. unemployment rate will top over 9% in 2013. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello?...
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the republicans in the house are still on vacation here is democratic senate majority leader harry reid on the floor of the sun today warning that it looks like the nation is going over the cliff. if we go over the cliff and it looks like that's where we're headed as president the house of representatives as we speak with four days left after today before the first year aren't here with the speaker having told them they'll have you know given forty eight hours notice i can't imagine their consciences they're out wherever they are around the country and we're here trying to get something done. they are not in washington d.c. d.c. house arizonans are not here going over the cliff means a tax increase on all americans but it also means a significant cut to the already bloated defense budget and war profiteers around virginia are nervous about this the aerospace industries association which represents more than three hundred defense companies released a statement today saying risking american lives and livelihoods for political leverage is wrong the victims of this political gamesmanship wi
the republicans in the house are still on vacation here is democratic senate majority leader harry reid on the floor of the sun today warning that it looks like the nation is going over the cliff. if we go over the cliff and it looks like that's where we're headed as president the house of representatives as we speak with four days left after today before the first year aren't here with the speaker having told them they'll have you know given forty eight hours notice i can't imagine their...
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Dec 24, 2012
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host: paul reid, co-author with william manchester of the last lion, the third of a trilogy, if you could have dinner with winston chump -- churchill and ask him a series of questions what would they be? >> he didn't like strangers and didn't like the press and didn't give anything away. i would ask him about his religious beliefs or lack thereof. i found that fascinating. he read plato and airs as to thele and cyst -- cicero but he made himself into a classical man. he lived a life in accordance with the precursor to the christian ethic we find in plato and greek gloves and humanist but godless ethic. th then, let's see. the second front. i would like him to have the final word because we americans have set him up for the decades as at one point almost cowardly in his aversion to the second front, none of which is tree. host: what does that mean, the second front? guest: the push from washington, d.c. by general marshall to go to norman did i -- norman did i. to open a second front. franklin roosevelt is telling marshall we have to fight somewhere, it is an election year. and churchill p
host: paul reid, co-author with william manchester of the last lion, the third of a trilogy, if you could have dinner with winston chump -- churchill and ask him a series of questions what would they be? >> he didn't like strangers and didn't like the press and didn't give anything away. i would ask him about his religious beliefs or lack thereof. i found that fascinating. he read plato and airs as to thele and cyst -- cicero but he made himself into a classical man. he lived a life in...
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we don't know what senator reid plans to bring to the senate for a vote. >> truth of the matter is if we do fall off the cliff, he will come back, propose just what he proposed yesterday leaving washington, and will end up adopting at the washed up at the market in such turmoil and the lack of confidence, why don't we go ahead and act now. >> most numbers are used to spending the christmas to new year's at home, it is time to go back to the table. if anybody sees these representatives from the house in line shops are getting their christmas turkey wish them a merry christmas, civil and say go back to the table, not her own table, the table in washington. >> so there's a group of senate republicans who would vote for taxes on wealthier taxpayers now to get that done, avoid the cliff, move on and fight for spending cuts when the president asks to raise the debt ceiling in february or march. the president and speaker said it will cut their vacation short to return to washington later this week to try and work something out. we are on standby. david: thank you very much. you just heard a
we don't know what senator reid plans to bring to the senate for a vote. >> truth of the matter is if we do fall off the cliff, he will come back, propose just what he proposed yesterday leaving washington, and will end up adopting at the washed up at the market in such turmoil and the lack of confidence, why don't we go ahead and act now. >> most numbers are used to spending the christmas to new year's at home, it is time to go back to the table. if anybody sees these...
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applause] >> ladies and gentlemen, the majority leader of the united states senate, the honorable harry reid. [applause] >> as an 18 or 19-year-old young man, i came to the realization i was not going to be the athlete of my dreams. i was not big enough, fast enough, or good enough. but i still have those dreams. i get up every morning, with all the things the we do here, unemployment, energy problems -- when i get up in the morning, i get "the new york times," and the first place i go is the sports page. for a few minutes every morning, i dream of the athlete that i wanted to be. [laughter] and as i have dreamed over the decades, i thought, wouldn't it be great to be able to meet a babe ruth or lou gehrig? or maybe a rocky marciano? joe frazier? but today, i have been able to meet two of the people i have dreamed about going down to that 18th hole. with a good put, i can win this thing. this is a personal privilege for me to be able to meet the great jack nicklaus and to be here to help honor the great arnold palmer. we know that arnold palmer has played on the finest courses that the world
applause] >> ladies and gentlemen, the majority leader of the united states senate, the honorable harry reid. [applause] >> as an 18 or 19-year-old young man, i came to the realization i was not going to be the athlete of my dreams. i was not big enough, fast enough, or good enough. but i still have those dreams. i get up every morning, with all the things the we do here, unemployment, energy problems -- when i get up in the morning, i get "the new york times," and the...
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senator reid said a vote could happen on monday, but people have heard so much talk about the crisis but seen precious little action. the president tonight echoing that frustration. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason you can't get stuff done in an organized time table. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> but it remains to be seen whether lawmakers on both sides of the aisle get it. some even sounded miffed to have to work over the holiday. democrats senator charles schumer telling the "new york times," i didn't realize how much i didn't want to be here until i got here. and rand paul saying he would rather be playing soccer with his kids and telling the "times" quote, this is no way to run things. and wall street agrees, the dow industrial is losing more than 150
senator reid said a vote could happen on monday, but people have heard so much talk about the crisis but seen precious little action. the president tonight echoing that frustration. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason you can't get stuff done in an organized time table. why everything always has to wait until the last minute. well, we're...
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harry reid says there's not. seems to me more of the same ping-pong we've had over the last few days. >> were no closer to steering away from the cliff. we are much closer to the cliff. the president made a round of calls last night to talk to congressional leaders about the need to get something done. no one has that produced in the form of a bill. senate majority leader mitch mcconnell is saying this is the first contact he's had from a democrat since thanksgiving. you need unanimous continue sent for a lot of things to happen. >> and we're now hearing that the white house is denying there's a new plan from the president. so the white house and harry reid are both denying scott brown and gopas about this new physical cliff plan which puts us back to square one. you tackled this issue of john boehner's control over his conference. in a really interesting way. you basically said he's a substitute teacher in the sense that even when he disciplines folks like holtzcamp who were insubordinate and ripped them of comm
harry reid says there's not. seems to me more of the same ping-pong we've had over the last few days. >> were no closer to steering away from the cliff. we are much closer to the cliff. the president made a round of calls last night to talk to congressional leaders about the need to get something done. no one has that produced in the form of a bill. senate majority leader mitch mcconnell is saying this is the first contact he's had from a democrat since thanksgiving. you need unanimous...
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now, to harry reid. he made the rounds saying that mitt romney didn't pay taxes for ten years. >> the word is out that he hasn't paid any taxes for ten years. let me him that he has paid taxes, because he hasn't. >> now reid said he got his information from a former bane investor. without any further explanation, he was awarded the maximum number of pinocchios. also u.n. ambassador susan rice has come to terms with the circumstances that led her to take her own name of of the running for secretary of state. her opening line, quite, my talking points for this evening have been provided to me and fully cleared by the intelligence community. how could this possibly go wrong? believe it or not, things took a turn for the palin later on in her speech. quote, day after day, i engage in highly substantive, highly technical negotiations with my colleagues here at the u.n. like the russians. as a matter of fact, i can see the russian mission from my house. >>> finally, did you think the holidays would come and go
now, to harry reid. he made the rounds saying that mitt romney didn't pay taxes for ten years. >> the word is out that he hasn't paid any taxes for ten years. let me him that he has paid taxes, because he hasn't. >> now reid said he got his information from a former bane investor. without any further explanation, he was awarded the maximum number of pinocchios. also u.n. ambassador susan rice has come to terms with the circumstances that led her to take her own name of of the...
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and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. >> as for the leaders they sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would take an extended period of time as you know, waiting for us. >> i share the view of the majority leader. we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference, and the majority leader can make to his conference. and so we'll be working hard to try to see if
and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. >> as for the leaders they sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of...
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so if harry reid and mr. mcconnell can't come up with something, then you've got barack obama's proposal and the up or down vote and one way oar the over, he's going to get them on the record. >> joy, even before he gets to the house, there are plenty of republicans in the senate who can mess this up, right? even if they have a deal, there's no guarantee that there isn't a deal, tea-party backed senator. >> are you giving rand paul the side eye here? >> i had him in mind. that's true. >> at the end of the day, mitch mcconnell is a much better leader of his caucus than john boehner is and he's really controlled the levers of the filibuster process. i would find that very surprising if he couldn't win his caucus. the problem is here never have we seen, not in my lifetime, a weaker speaker of the house of representatives than john boehner. john boehner has essentially thrown up his hands and walked away from the congress and the main da mandate and he's essentially said, you guys pass something. it's the house t
so if harry reid and mr. mcconnell can't come up with something, then you've got barack obama's proposal and the up or down vote and one way oar the over, he's going to get them on the record. >> joy, even before he gets to the house, there are plenty of republicans in the senate who can mess this up, right? even if they have a deal, there's no guarantee that there isn't a deal, tea-party backed senator. >> are you giving rand paul the side eye here? >> i had him in mind....
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>> it depends really what mcconnell and reid really broker. if it's something that's a good deal that we can move to the new year and start looking at structural entitlement reform, then we'll take it. i completely disagree with alexis, by the way. the president is not showing leadership with this deal. what he's trying to do is push the blame on the house republicans and break them. he's not interested in just winning this issue. he's interested in getting his agenda through which includes more regulation, gun control possibly, and immigration reform. all he wants to do is win the blame game. he's not interested in leadership because if he was interested in leadership, he would have brokered from the beginning in good faith and because he just ignores entitlement reform, he's kidding himself. >> heather: alexis, i'll let you respond to that. because when it comes to spending cuts, president obama says his own, his own words, quote, lays the groundwork for that in the future. the last big budget deal in the summer of 2011, it ended with precis
>> it depends really what mcconnell and reid really broker. if it's something that's a good deal that we can move to the new year and start looking at structural entitlement reform, then we'll take it. i completely disagree with alexis, by the way. the president is not showing leadership with this deal. what he's trying to do is push the blame on the house republicans and break them. he's not interested in just winning this issue. he's interested in getting his agenda through which...
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if harry reid and mr. mcconnell can't come up with something, then you have barack obama's proposal and he wants that up or down vote, and one way or another, he is going to try to get people on the record. >> and joy, before it gets to the house republicans, there are plenty of republicans in the senate who could mess this up, right? even if mcconnell and reid have a deal, there is not a guarantee that there is not a single tea party-backed senator who would stand in the way and say it won't pass me. >> are you giving rand paul the side eye? >> i had him in mind, true. >> and at the end of the day, mitch mcconnell is a better leader of the caucus than boehner is, and mcconnell has controlled the levers of the filibuster process, and the tact that he is meeting with harry reid means there won't be a filibuster and i would be surprised if he could not whip the congress. we have not seen a weaker speaker of the house than john boehner who has essentially thrown up the hands and walked away from the process a
if harry reid and mr. mcconnell can't come up with something, then you have barack obama's proposal and he wants that up or down vote, and one way or another, he is going to try to get people on the record. >> and joy, before it gets to the house republicans, there are plenty of republicans in the senate who could mess this up, right? even if mcconnell and reid have a deal, there is not a guarantee that there is not a single tea party-backed senator who would stand in the way and say it...
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harry reid saying it is republicans fault and somebody from boehner's office said harry reid has to talk less and legislate more. it is comical. it is simply comical what is going on. does it surprise you? >> sadly it does not surprise me too much. the truth is this. there has to be a bargain struck and not a good way to bargain to demonize the people you'll be sitting at the table with. harry reid called a speaker john boehner a dictator. republicans have fought that, they are not innocent in this. timtime to take down the verbal warfare and cut a deal sparing the fallout of the fiscal cliff. gerri: can we get anything with any meaning before the end of the year? >> not get your hopes up on a big deal on the debt. not too many tax increases, some will be in there. avoiding the sequester, the spending cuts, that is the best thing that could happen at this point and i'm pretty optimistic person, i get up every morning thinking good things will happen but this is causing me to drink every night so i did not know if i will get there or not. gerri: you glass half-full kind of guy. i hope you
harry reid saying it is republicans fault and somebody from boehner's office said harry reid has to talk less and legislate more. it is comical. it is simply comical what is going on. does it surprise you? >> sadly it does not surprise me too much. the truth is this. there has to be a bargain struck and not a good way to bargain to demonize the people you'll be sitting at the table with. harry reid called a speaker john boehner a dictator. republicans have fought that, they are not...
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harry reid says they're headed over the cliff. it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington today and should not have let them go. they are not here. john boner cared more about his speakership than the financial footing. >> they're now working on a fiscal clear solutions they say the majority leader should talk less and legislate more. also mitch mcconnell says the leader is happy to review with the president what he has in mind but that a majority has not put forward a plan. when they do members will review legislation to make decisions on how fast -- best to proceed. >> it takes time for the house and senate to get something done. if there
harry reid says they're headed over the cliff. it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington...
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harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis, but yes of the fiscal cliff. it seems we have this moment where this animal goes over the cliff, all limbs are still rotating around and we're staring into the abyss and eventually we're going to fold. >> i love that mental image. >> but it wa
harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the...
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>> i think reid's role is to protect the president, which i think is foolish. when boehner was trying to get the votes for the compromise bill last week, and we saw that strange business where harry reid was coming out and we knew president obama said he wasn't going to support it, then harry reid saying we're not going to take this bill up. it wasn't even going to get president obama. the only thing i can see is that harry reid is trying to protect the president, which if you look through history, parties protecting their president in a second term usually pay a very heavy price in second admit terms. i don't think -- midterms. i don't think this is be different harry reid protects him from hard decisions. >> got leave it there. take care. >> chris wallace will be here for more on the fiscal cliff and we'll hear from two key senators. >> a woman falls into freezing water. we'll show you who jumps in to save her just in the nick of time. >> hard to say whether everyone would do this. will the holidays be a nightmare for you? >> how new technology is helping peo
>> i think reid's role is to protect the president, which i think is foolish. when boehner was trying to get the votes for the compromise bill last week, and we saw that strange business where harry reid was coming out and we knew president obama said he wasn't going to support it, then harry reid saying we're not going to take this bill up. it wasn't even going to get president obama. the only thing i can see is that harry reid is trying to protect the president, which if you look...
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reid thinks the next 20 four hours are important? you're supposed to as investor be thinking long term. to leave this down to the last minute like this is cruel and is a distic to investors. one of the reasons you saw the tremendous drop today. you mentioned monday night being volatile. that is holiday day. it is thinly traded. with the fiscal cliff literally occurring you can bet it will be extremely volatile sunday and monday night. adam: spencer, if i were in individual stocks seems not it the time to sell them or will we see that. >> the important thing to keep in mind with stocks, one part we have to worry about is the fiscal cliff. we have taxes and spending to worry about there. but what the real issue is, in my opinion is the debt ceiling debate that is just around the corner. adam: oh, joy of joy. >> if we get some deal with the fiscal cliff which i think we will and our politicians are the worst even a blind squirrel will occasionally find a nut. they will get this done sometime by january 15th or something like that. if th
reid thinks the next 20 four hours are important? you're supposed to as investor be thinking long term. to leave this down to the last minute like this is cruel and is a distic to investors. one of the reasons you saw the tremendous drop today. you mentioned monday night being volatile. that is holiday day. it is thinly traded. with the fiscal cliff literally occurring you can bet it will be extremely volatile sunday and monday night. adam: spencer, if i were in individual stocks seems not it...
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Dec 30, 2012
12/12
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senate majory leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this evening. at the beginning of this meeting. $250,000 per year. that income would be shielded from tax increases, and now he wants an extension of unemployment insurance. that is something that essentially a nonstarter in a republican-controlled house. now he is leaving it up to the two leaders in the u.s. senate try to reach a compromise. something perhaps along the line of what is being negotiated between the speaker and the president a couple of weeks ago. perhaps a tax increase for amounts of more than $400,000 or $500,000 per year. also, senate leaders want to includsomething on the este tax, according to a white house official. we'll can also be key to this is that the white house officials are also telling fox news and ed henry that it appears as though the debt ceiling is not part of that. this is a huge nonstarter for republicans in the house. they wa
senate majory leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this evening. at the beginning of this meeting. $250,000 per year. that income would be shielded from tax increases, and now he wants an extension of unemployment insurance. that is something that essentially a nonstarter in a republican-controlled house. now he is leaving it up to the two leaders in...
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Dec 29, 2012
12/12
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agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment is still available for 2 million people on that lays the groundwork for additional deficit reduction on economic growth steps that we can take in the new year but let's not miss this deadline. >> as for the two senate leaders, they spoke shortly after the meeting on sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it's a very serious meeting on it took an extended period of time, as you all know waiting for us. >> mr. president, i would just add -- i share the view of the majority leader, we had a good meeting down at the white house. we are engaged in discussion, the majority leader on myself on the white house >> -- so i'm hopeful. >> the american people are watching what we do here. obviously their patience is already thin. this is deja vu al
agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment is still available for 2 million people on that lays the groundwork for additional deficit reduction on economic growth steps that we can take in the new year but let's not miss this deadline. >> as for the two senate leaders, they spoke shortly after the meeting on...
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Dec 28, 2012
12/12
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>> it is still on the table, what harry reid and mitch mcconnell are working on. the question is can they device something in the next 24 hours that would set an income tax hike threshold to $400,000 and use steps to use that revenue to defer the sequester, those automatic indiscriminate budget cuts nobody wants to happen. the question is going to be, can they get that done and get enough republicans in the senate to support it to convince the house to take it up? if not, the president and democrats are going to dare republicans to block an up or down vote on the president's proposal of tax hikes for everyone over $250,000. >> john harwood joining us from washington this evening. thanks so much, john. >>> and a program note. david gregory will have an exclusive interview with president obama on the fiscal cliff crisis this sunday on "meet the press." >>> and now to the weather. and more snow is on the way as we head into the new year's weekend, and that may not be the end of it. the weather channel's chris warren joins me now. chris, good evening. >> good evening
>> it is still on the table, what harry reid and mitch mcconnell are working on. the question is can they device something in the next 24 hours that would set an income tax hike threshold to $400,000 and use steps to use that revenue to defer the sequester, those automatic indiscriminate budget cuts nobody wants to happen. the question is going to be, can they get that done and get enough republicans in the senate to support it to convince the house to take it up? if not, the president...
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Dec 30, 2012
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reid said everybody can go home until about 11:00 tomorrow. tomorrow is new year's eve, for those paying attention. and apparently, there's no dignity left in the senate or house and they will be in tomorrow on new year's eve pretending like they're going to get to some kind of resolution here. >> what do we know about where they are, robert? did the inclusion of the vice president make any difference? what do you know? >> i think that's a key point, chris. tin collusion of vice president biden in these talks means that though these talks are stalled, negotiations continue. harry reid and mitch mcconnell had some problems getting to a final offer, final counteroffer this afternoon. but the inclusion of vice president biden means the white house is in the loop with what minority leader mcconnell is doing. >> how much hope is really the question here, ryan? taking the cost of living essentially, the cpi off the table for social security, which was going to be a non-starter for harry reid and for the president, so i guess the republicans could sa
reid said everybody can go home until about 11:00 tomorrow. tomorrow is new year's eve, for those paying attention. and apparently, there's no dignity left in the senate or house and they will be in tomorrow on new year's eve pretending like they're going to get to some kind of resolution here. >> what do we know about where they are, robert? did the inclusion of the vice president make any difference? what do you know? >> i think that's a key point, chris. tin collusion of vice...
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Dec 29, 2012
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reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up or down vote to protect the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation on more economic growth and deficit reduction. i believe such a proposal could pass both houses with bipartisan majorities as long as those leaders allow it to come to a vote. if members of the house or senate want to vote no, they can, but we shall let everybody vote. that is the way this is supposed to work. if you can get a majority in the house and in the senate, then we should be able to pass the bill. the american people are watching what we do. their patience is already thin. this is dÉjÀ vu all over again. america wonders why it is that in this town you cannot get stuff done in an organized timetable. everything always has to wait until the last minute. we are at the last minute. the american people are not going to have any patients f
reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up or down vote to protect the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation on more economic growth and deficit reduction. i believe such a proposal could pass both houses with bipartisan majorities as long as those leaders allow...
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Dec 30, 2012
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harry reid, before his closed door luncheon, said he was still cautiously optimistic. hard to see from our perspective why he would say this because things seem pretty bleak at this point, though you never know what's going on behind closed doors. melissa. >> thank you very much. keeping an eye on that podium because senator harry reid is apparently going to come out and speak in a few minutes so we'll watch for that. let's go to the white house correspondent kristen welker. we know the senate majority leader has talked to the president. has there been any reaction from the white house today. >> reporter: the white house is not commenting on these negotiations that are going on over on the hill. they do not want to derail them by speaking out, by agitating the situation, but i tell you that there is a lot of investment here going on behind the scenes. in addition to mitch mcconnell speaking to vice president biden, the president sent his top negotiator, one of his top negotiators, rob nabors over to the hill. he's meeting with senate democrats as well this afternoon. a
harry reid, before his closed door luncheon, said he was still cautiously optimistic. hard to see from our perspective why he would say this because things seem pretty bleak at this point, though you never know what's going on behind closed doors. melissa. >> thank you very much. keeping an eye on that podium because senator harry reid is apparently going to come out and speak in a few minutes so we'll watch for that. let's go to the white house correspondent kristen welker. we know the...
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Dec 27, 2012
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senate majority leader harry reid is working to see if the scaled backpackage the president laid out last week can get through congress before monday. meantime, treasury secretary timothy geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his vacation. now he will be,ing would out on this fiscal cliff. the senate is coming back and the house of representatives is going to have a conference call for all republicans later on today and then yesterday, we saw the secretary of the treasury, tim geithner, announced the $16.4 trillion debt limit is going to be reached by monday, that was a little bit surprising to people who haven't been following this kind of thing and raises the stakes for the fiscal cliff end game because the white house had wanted a debt ceiling deal as part of the overall deal here on the fiscal cliff. republicans have bee
senate majority leader harry reid is working to see if the scaled backpackage the president laid out last week can get through congress before monday. meantime, treasury secretary timothy geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his...
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Dec 28, 2012
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so joining me, i think we still have joy ann reid from the grio. i want to ask you if you're still there about the comments that -- i'll just read them out from harry reid, the senate majority leader. he said there was a long meeting at the white house, it was very constructive. we hope it will bear fruit but that's what we hope to learn. he said i think the next 24 hours will be tre instructive as to what we're able to accomplish. we talked about a lot of things. there's no concrete proposal at this time he said. we have a number of different directions we're going it try to take and we're going to see what can be worked out. joy, if they're talking like this in vague terms, does this make us feel like there's something going on? i mean, obviously there's a communication there, but without a concrete proposals, how quickly can they turn this around? >> well, you know what, richard, i think this could be john boehner learning the lesson of not to put out any specifics he can't deliver on. we were just talking about that before. he's been burned bef
so joining me, i think we still have joy ann reid from the grio. i want to ask you if you're still there about the comments that -- i'll just read them out from harry reid, the senate majority leader. he said there was a long meeting at the white house, it was very constructive. we hope it will bear fruit but that's what we hope to learn. he said i think the next 24 hours will be tre instructive as to what we're able to accomplish. we talked about a lot of things. there's no concrete proposal...
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Dec 28, 2012
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senators reid and mcchon nell are work -- mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a blase sick package for an up or down vote, one that protects the middle class from an income tax high, extends the vital lifeline of pun insured been fits and a plan for an economic growth and deficit reduction. >> that was president obama talking with four days left in that fiscal cliff deadline saying he's hoping congress will reach a deal on this. if not, he's asking them to bring a package to the floor that will protect middle class mrns. >>> coming up all brand-new at 6:00, american families are now banned from adopting russian children. we'll hear from one local family who calls it a death sentence for thousands of small children. >> before you get to work on your next home repair project, we're warning you about the dangers of trying to do it yourself. now a preview of what's ahead on world news at 6:30. >> the 11th our deal or no -- hour d
senators reid and mcchon nell are work -- mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a blase sick package for an up or down vote, one that protects the middle class from an income tax high, extends the vital lifeline of pun insured been fits and a plan for an economic growth and deficit reduction. >> that was president obama talking with...
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Dec 30, 2012
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we have a loose deadline of 3:00 that reid and mcconnell had. what are you hearing as the clock ticks about where they are in negotiations? you said to me a moment ago, you are aware of a few sticking points. give us the latest. >> there are a few key sticking points. you know, it really does come down to the same thing. when you get done with the whole package, have we shifted taxes or are the wealthy getting their fair share? we get into estate tax where there's a debate about do the wealthy pay their fair share or shift it to the middle class. frankly, we have had two years of debating, running up to deadlines, putting faith and credit of the country on the line. each time, we agreed to spending cuts. now a total of $1.6 trillion in spending cuts that mainly hit the middle class, low income people, seniors and we still don't have any contribution from the wealthiest americans. that's the line in the sand for us. we know we need to go further on a lot of fronts. you have to start by everybody sacrificing and paying their fair share. >> you may
we have a loose deadline of 3:00 that reid and mcconnell had. what are you hearing as the clock ticks about where they are in negotiations? you said to me a moment ago, you are aware of a few sticking points. give us the latest. >> there are a few key sticking points. you know, it really does come down to the same thing. when you get done with the whole package, have we shifted taxes or are the wealthy getting their fair share? we get into estate tax where there's a debate about do the...
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Dec 28, 2012
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i have asked senator reid to do this. put a bill on the floor of that make sure taxes on the middle class does not go up, that unemployment insurance is available for 2 million people, and it lays the groundwork for additional deficit reduction. let us not miss this deadline. that is the bare minimum we should be able to get done. it should not be hard since democrats and republicans say they do not want to see taxes go up on middle-class families. i have to repeat -- outside of washington, nobody understands how it is that this seems to be a repeat pattern over and over again. ordinary folks do their jobs. they meet deadlines. they sit down and they discuss things and then things happen. if there are disagreements, they sort through them. the notion that our elected leadership cannot do the same thing is mind-boggling to them. it needs to stop. i am modestly optimistic that an agreement can be achieved. no one will get 100% of what they want. let us make sure that middle- class families in the economy are not adversely i
i have asked senator reid to do this. put a bill on the floor of that make sure taxes on the middle class does not go up, that unemployment insurance is available for 2 million people, and it lays the groundwork for additional deficit reduction. let us not miss this deadline. that is the bare minimum we should be able to get done. it should not be hard since democrats and republicans say they do not want to see taxes go up on middle-class families. i have to repeat -- outside of washington,...
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Dec 30, 2012
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>> reporter: he and harry reid are working on scaled-down agreement that focuses on avoiding a middle-class tax hike. the plan is to present it to the full senate for a vote on sunday and send it to the house and hoax john boehner was at the capitol and left with no comment. both sides remain at odds over the democrat's insistence that the wealthy pay more in taxes. >> the president's tax hook would only fund the government for eight days. americans deserve to know what is the president -- what does the president propose we do for the other 357 days of the year. >> reporter: president obama insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president said he's ready to propose his own scaled-back bill that would block tax increases for all but the wealthy. and preserve expiring unemployment benefits. with the deficit ticking ever higher, patience is wearing thin. >> for those of us who invest in the stock market, it's disg
>> reporter: he and harry reid are working on scaled-down agreement that focuses on avoiding a middle-class tax hike. the plan is to present it to the full senate for a vote on sunday and send it to the house and hoax john boehner was at the capitol and left with no comment. both sides remain at odds over the democrat's insistence that the wealthy pay more in taxes. >> the president's tax hook would only fund the government for eight days. americans deserve to know what is the...
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Dec 29, 2012
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senators reid and mcconnell will try to come to a deal. if they fail, the white house and harry reid are going to try to jam through a bill that increases taxes on rich people and extends unemployment insurance, which are the two key democratic priorities. they'll pretty much dare republicans to block it. and republicans probably won't be able to, at least not for long. here's johnny isaacson, a republican senator from georgia, over the weekend. >> if we get down to the end of this year, and the only choice we have is to save taxes going up on the middle class, then i would support that. >> last weekend, "the wall street journal" had a great piece going behind the scenes on the fiscal cliff negotiations. and in it, they quoted this exchange between speaker boehner and president obama. mr. boehner said he wanted to deal along the lines what the two men had negotiated, summer of 2011, in the fight over raising the debt ceiling. "you missed your opportunity on that," the president told him. cold. but what we know right now, what we know from
senators reid and mcconnell will try to come to a deal. if they fail, the white house and harry reid are going to try to jam through a bill that increases taxes on rich people and extends unemployment insurance, which are the two key democratic priorities. they'll pretty much dare republicans to block it. and republicans probably won't be able to, at least not for long. here's johnny isaacson, a republican senator from georgia, over the weekend. >> if we get down to the end of this year,...
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Dec 28, 2012
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what does harry reid do? does he blink obama's plan to the floor or try to work with mcconnell in this 11th hour. you will have a tough vote for many house republicans. if that level is at 250 and it includes unemployment, make it so republicans may not. >> joy, do you think we have a deal? >> you know, ill'm still very dubious. but if there is a deal, it will be with a majority of democrats in the house and there's a political risk for boehner in that. >> thank you. you've been watching "hardball." we'll be back in one hour with an all-new live edition. until then, "politics nation" starts rite now. >> thanks, richard. thanks to you for tuning in. breaking news, president obama urges congress to make a deal to overt the fiscal cliff. he announces no deal, but progress may be in sight. >> and that would be the wrong thing to do for our e con mu. it would be bad for middle class families and bad for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act right
what does harry reid do? does he blink obama's plan to the floor or try to work with mcconnell in this 11th hour. you will have a tough vote for many house republicans. if that level is at 250 and it includes unemployment, make it so republicans may not. >> joy, do you think we have a deal? >> you know, ill'm still very dubious. but if there is a deal, it will be with a majority of democrats in the house and there's a political risk for boehner in that. >> thank you. you've...
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Dec 27, 2012
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harry reid says the u.s. is likely to roll off of the fiscal cliff and will speak to reporters about those negotiations. mortgage rates finished out the year near historic lows. freddie mac says the average for a 30 year fixed mortgage east to 3.35%. the empire state building is one step closer to going public. the management of the iconic skyscraper has been given the go-ahead by the securities and exchange commission to allow the building to be included in a proposed real-estate investment funds. empire state realty creates as much as $1 billion in an initial public offering. that is the latest from the fox business network giving you the power to prosper. shibani: thing they're calling down after winter weather wallop. it was messy in new york city, hundreds of flights have been canceled or delayed across the nation leaving travelers stranded. let's check with the latest from maria molina at the fox business center for update. looking pretty good today. >> starting to improve, suspecting across new england
harry reid says the u.s. is likely to roll off of the fiscal cliff and will speak to reporters about those negotiations. mortgage rates finished out the year near historic lows. freddie mac says the average for a 30 year fixed mortgage east to 3.35%. the empire state building is one step closer to going public. the management of the iconic skyscraper has been given the go-ahead by the securities and exchange commission to allow the building to be included in a proposed real-estate investment...
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Dec 28, 2012
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reid, mr. obama starting the warfare about taxing the rich. reid sat on the bill. why didn't he bring it up for a vote? why didn't it get fair debate? mr. reid hasn't passed a budget and we going to believe they're serious about the fiscal problems? let's go offense the cliff. >> we have two cameras outside the white house right now. that one i believe is perched on pennsylvania avenue and we have another camera which is perched facing the side entrance. those are the suvs that likely boehner, mcconnell, pelosi and reid will come out of. let's talk about the deal. what if there's a deal, craig, for, i don't know, say 4 hr $500,000 the threshold of who gets taxes and who keeps -- everybody under that number keeps their tax cuts. everyone over pays more and there's spending cuts. is that a bad deal? >> yeah. i think it is. let me tell you why. because you can't get everything out of this deal that you want and frankly, all we're doing is kicking the can down the road. you know as well as i do this does nothing to deal with the $1 trillion plus deficits we have yearly
reid, mr. obama starting the warfare about taxing the rich. reid sat on the bill. why didn't he bring it up for a vote? why didn't it get fair debate? mr. reid hasn't passed a budget and we going to believe they're serious about the fiscal problems? let's go offense the cliff. >> we have two cameras outside the white house right now. that one i believe is perched on pennsylvania avenue and we have another camera which is perched facing the side entrance. those are the suvs that likely...
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Dec 28, 2012
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senator reid says the meeting was constructive. the president just came out from a statement about 20 minutes ago from the briefing room of the white house saying the time for immediate action is here and is now. he's urging senators reid and mcconnell to come up with some sort of a plan. if that does not work and they don't many up with a plan, his next option is to urge senator reid to put to the senate a simple up-or-down vote on a slimmed down plan that will prevent taxes from rising on middle class americans and based on unemployment insurance benefits. there you have it. that's the very latest at this point, again, senatored reid and mcconnell hard at work hopefully on some sort of a deal. and the next time we'll hear from the president will be on the "meet the press" on nbc. a lot could happen in the next 24/48 hours. >> this is a typical pattern of the president. outsourced obama care, outsourced the stimulus bill. left this to congress, to do all the major works he wanted, left it to them. now he's handing it over. he's th
senator reid says the meeting was constructive. the president just came out from a statement about 20 minutes ago from the briefing room of the white house saying the time for immediate action is here and is now. he's urging senators reid and mcconnell to come up with some sort of a plan. if that does not work and they don't many up with a plan, his next option is to urge senator reid to put to the senate a simple up-or-down vote on a slimmed down plan that will prevent taxes from rising on...
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thanks to hogan gidley and joy reid. have a wonderful holiday, new year if i don't see you. >> thanks, god bless, karen. >>> coming up, republicans do something, anything, can they, to make inroads with latinos? stay with us. [ cellphon irping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. we can live without the &. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu t
thanks to hogan gidley and joy reid. have a wonderful holiday, new year if i don't see you. >> thanks, god bless, karen. >>> coming up, republicans do something, anything, can they, to make inroads with latinos? stay with us. [ cellphon irping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &....